Have You Lost YOUR Way Amidst Gold's Wild Price Swings?
Since gold's early December high, EWI's Metals Specialty Service has consistently recognized critical price action in gold
By Nico Isaac
1/11/2012 4:15:00 PM
In the final months of 2011, the widely watched "gold bull market" started to adopt its name, literally. Meaning, the price action in gold took on the life of a rodeo bull, swinging and bucking wildly in every direction, hurdling off the pundits one by one. Here's the scene: In early December, gold took the bull by the horns with prices nearing a lofty $1740 per ounce. Three major events were said to keep the hooves firmly planted to the ground
Filed Under: Elliott Wave trading, fundamental analysis, Gold, precious metals, safe haven
Category: Gold and Silver
By Hope Welborn
12/28/2011 2:15:00 PM
Now is a good time to look back over the past year and assess your finances. Do you have the information needed to make wise decisions in the next year? Prepare and take action now so that you'll be ready for what's ahead.
Filed Under: conquer the crash, debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S., deflation, economic depression, great depression, investment decisions, personal finance, prechter, recession, risk management, Robert Prechter, safe banks, safe haven
Category: U.S. Economy
By Nico Isaac
12/27/2011 3:30:00 PM
According to the famous song -- on the fifth day of Christmas, "my true love gave to me five golden rings." So, on the third day of Christmas (December 27, 2011), I'm giving you THREE things to know about the flaunted asset GOLD that completely go against mainstream financial wisdom.
Filed Under: fundamental analysis, Gold, recession, safe haven, Wall Street
Category: Gold and Silver
Have Gold Prices Gone "Rogue"? Not Exactly
EWI's Metals Specialty Service reveals that gold's seemingly chaotic sell-off actually fits within the Elliott wave rules and guidelines
By Nico Isaac
12/14/2011 3:15:00 PM
According to a December 6 Financial Times, "gold has been a conundrum in the past couple of months." Namely, gold prices have fallen despite a slew of "safe-haven" supportive news events. Today, I'm sitting down with EWI's trader-focused Metals Specialty Service to see how gold's recent decline, while puzzling to fundamental analysts, actually falls within the laws of Elliott wave analysis.
Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), safe haven, technical indicators
Category: Gold and Silver
By Nico Isaac
12/13/2011 3:15:00 PM
Despite its "ultimate safe-haven" status and the worsening European debt crisis, gold has only gone down in December. On December 12, the precious metal plunged more than 3% in its steepest single-day drop in three months. Are gold bulls' days numbered? Well, today (December 13), I am sitting down with EWI's Financial Forecast Service co-editor Pete Kendall to discuss the move.
Filed Under: Elliott wave, Elliott Wave trading, European debt crisis, fundamental analysis, Gold, safe haven
Category: Gold and Silver
When the Word "Safe Haven" Can Actually Mean "Run!"
In September 2011, EWI's Commodity Specialty Service foresaw that corn's Elliott wave pattern did not add up to its supposed economic "fall-out shelter" status
By Nico Isaac
11/10/2011 3:45:00 PM
As the harvest season of Indian corn husk-centerpieces draws near, it's the perfect time to look back at a time when corn prices were the centerpiece of the commodity table. That wasn't that long ago; think: two months. In August to early September, corn prices were enjoying a spectacular rally to new contract highs. And according to the mainstream experts, alls well that ends... "yellow."
Filed Under: corn futures, diagonal triangle, Elliott wave, Elliott Wave trading, fundamental analysis, grain futures, safe haven
Category: Commodities
By Nico Isaac
10/4/2011 4:45:00 PM
September 2011 was like a Wile E. Coyote cartoon for gold and silver. Both metals spent the first part of the month bouncing gradually down a hill. But in the last week, they stepped right over a cliff edge, hung in mid-air for a split second, and then "poof!" a straight freefall to the ground below. Splat!
Filed Under: Gold, safe haven, silver, Elliott Wave trading
Category: Gold and Silver
By Vadim Pokhlebkin
9/26/2011 4:00:00 PM
Bear markets are cunning beasts. Don't get me wrong -- we are not in the bear market territory yet. At least, not officially. But look at this chart of the DJIA...
Filed Under: Bear market, debt crisis, deflation, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Gold, gold futures, inflation, Nasdaq Composite, Robert Prechter, S&P 500, safe haven, silver, silver futures, U.S. dollar
Category: Stocks
By Nico Isaac
9/26/2011 3:45:00 PM
The giant sinkhole in gold prices keeps yawning wider. Since kicking into low-gear on September 22, gold prices have plunged 9% in their steepest three-day drop in 28 years. On September 23, gold endured a never-before-seen $120/day intraday wipeout. EWI's Metals Specialty Service might have some answers for you...
Filed Under: debt crisis, deflation, Elliott wave, Elliott Wave trading, gold futures, inflation, safe haven, silver, silver futures
Category: Gold and Silver
By Nico Isaac
9/16/2011 2:45:00 PM
We all know gold right now is hotter than a mustard seed on Mars. In 2011 alone, gold prices have rocketed 30% to all-time highs. And, everyone from housewives to hedge funds is racing to board the gold investment bandwagon. Friday, September 16, the financial blogosphere revealed that the famous real estate mogul Donald Trump just accepted a $176,000 gold bar security deposit for space at his 40 Wall Street office tower.
Filed Under: Robert Prechter, Elliott Wave Theorist, Gold, Robert Prechter, S&P 500, safe haven
Category: Gold and Silver
(VIDEO) Prechter: "The Trend Is Exhausted"
The August Elliott Wave Theorist gives you an important review of ALL of the indicators and ALL of the charts that Prechter has shown subscribers over the past year
By Alexandra Lienhard
9/16/2011 11:30:00 AM
What is the real problem with today's market? Watch this excerpt from Robert Prechter's special, video issue of the August Elliott Wave Theorist. Prechter explains how the buildup of dollar-denominated debt has brought us to what he calls a critical market juncture.
Filed Under: debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S. STOCK MARKET, video
Category: Stocks
By Vadim Pokhlebkin
9/1/2011 1:45:00 PM
Google “U.S. dollar” and you'll get dozens of forex articles, complete with speculation about the dollar’s future. Now, ask any ten mainstream forex experts how these factors will impact the dollar and euro, and you'll probably get ten different answers. Because, when it comes to "market fundamentals," how you interpret the data is really your choice. For example...
Filed Under: Elliott Wave trading, euro, eurozone, euro/USD exchange rate, europe, European Union (EU), eurozone, forex, forex trading, fundamental analysis, safe haven, U.S. dollar, U.S. Federal Reserve (the Fed)
Category: Currencies
By Vadim Pokhlebkin
8/25/2011 1:45:00 PM
On August 24, as gold was falling to its biggest one-day loss in 31 years, one headline said, "DJIA Wobbles, VIX Gains as Uncertainty Rises" -- which raises the question: If gold is supposed to be the ultimate hedge against "uncertainty," how come it's falling when uncertainty is rising? Something strange is going on with gold -- if you go along with the conventional perspective, that is. But then there's the Elliott wave perspective...
Filed Under: central banks, Elliott wave, Gold, gold futures, Robert Prechter, risk appetite, safe haven
Category: Gold and Silver
Euro vs. Dollar: Sideways, But for How Long?
"Triangles appear to reflect a balance of forces" -- Frost & Prechter's Elliott Wave Principle
By Vadim Pokhlebkin
8/22/2011 5:15:00 PM
Every time a new wave of the financial crisis thunders over us, it restarts the debate about which of the world currencies is "the safest." Right now is no exception. So far the Swiss franc has emerged as a clear leader, after making new all-time highs against both the euro and U.S. dollar. Even so, the euro and the buck have locked horns as rivals for a while, and thus far neither one is giving up its turf.
Filed Under: Robert Prechter, Elliott Wave trading, European Union (EU), euro, eurozone, euro/USD exchange rate, europe, European debt crisis, eurozone, forex, safe haven, Swiss franc, technical analysis, trendlines, U.S. dollar
Category: Currencies
Gold: Fireworks May Be Ahead
EWI's Metals Specialty Service gives you clues as to whether soaring gold prices are sustainable
By Nico Isaac
8/19/2011 1:30:00 PM
As a violent storm of sovereign debt crises, credit downgrades, and downbeat global economic news continues to ravage stock markets across the world -- investors have fled to the one mainstream "shelter" they know best: gold.
Filed Under: copper futures, Gold, safe haven, volatility
Category: Gold and Silver
Gold: Surefire Safe-haven OR "Dangerous Territory"?
Latest intraday forecasts from EWI's Metals Specialty Service reveal why gold's price action now warrants extreme caution
By Nico Isaac
8/9/2011 11:45:00 AM
Over the past few days, the financial world has been wrought with turmoil and turbulence. According to many the mainstream experts, one safe haven from the chaos is gold.
Filed Under: credit rating, Dow Jones Industrial Average (DJIA), Elliott Wave trading, gold futures, safe haven, volatility
Category: Gold and Silver
By Vadim Pokhlebkin
8/2/2011 4:45:00 PM
The belief that the economy drives the stock market is common knowledge; it’s Investing 101; the idea gets pounded into investors’ heads, over and over again, by various pundits, daily. But please allow us to suggest this: Belief that the GDP and other economic measures drive stock market trends is completely and utterly false.
Filed Under: Club EWI, economic depression, Elliott Wave trading, gross domestic product (GDP), Robert Prechter, recession, Robert Prechter, safe haven
Category: Stocks
EUR/USD: Below $1.40, Again
Understand what the forex market is, and you'll understand what guides it
By Vadim Pokhlebkin
7/12/2011 3:45:00 PM
The euro has fallen to a 4-month low against the U.S. dollar -- on "growing fears that Europe's debt maelstrom could engulf Italy." (July 12, Wall Street Journal). This explanation sounds plausible…until you study the timeline of events and see when the slide in the euro actually started. The news of the European debt crisis spreading to Italy only hit the headlines in earnest on July 8 -- but the EUR/USD peaked on July 4, four days prior.
Filed Under: Elliott Wave trading, European Union (EU), euro, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, forex, risk appetite, safe haven, U.S. dollar
Category: Currencies
By Bob Stokes
6/30/2011 4:15:00 PM
The build-up of credit in our financial system is beyond rare; it's unprecedented in at least the past 100 years of U.S. history. See the chart...
Filed Under: consumer credit, credit crisis, credit rating, deflation, Elliott Wave Theorist, great depression, gross domestic product (GDP), history, monetary policy, Robert Prechter, safe haven
Category: U.S. Economy
Living in the Post-QE World
Today's chart punctures the popular notion that stocks must fall if bond yields were to rise, post-QE2
By Nico Isaac
6/29/2011 11:30:00 AM
The countdown to a post-QE financial world is over in t-minus 10, 9, 8... Today, June 30 marks the end of the U.S. Federal Reserve's massive "quantitative easing" program. So the question is: Withe end-of-QE days be a world in which only stock-roaches and Twinkies survive? All jokes aside, many mainstream experts say life after the Fed's historic stimulus campaign will be markedly different for the stock and bond markets.
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Federal Open Market Committee (FOMC), market forecasts, Nasdaq Composite, QE2, quantitative easing, Robert Prechter, S&P 500, safe haven, stock indexes, Treasury bills (T-bills), U.S. Federal Reserve (the Fed), U.S. Treasuries
Category: Stocks